Sometimes you try to find a coin that has not pumped yet.
And then you will see one and will guess is it worth it?
Seeing the volume is picking up it seems to be one for the bullrun.
Ofcourse you never know.
But i thought it was one to share.
IT went 3 stages down, now it seems to get to form a W shape.
Looks like a nice save heaven for the BTC hold to turn their BTC to LTC.
When the btc dumps BTC traders will find various altcoins to pump their BTC to.
Wednesday is coming with news. we see a reversal. Then a drop on friday for a possible shake out to the lows.
Then the correction starts for the last moves into the projection boxes.
Just an idea no trading advice.
Resistance of sells are losing.
Cup formation is made.
Retest will be made. But sell volume is decreasing.
Outbrake to 13+ Dollar is in the make.
If LTC comes to coinbase more new money will come in the game.
It looks like the chart is repeating itself.
With the use of the fibernacci spiral we could see a new rise.
We can not go lower cause of the mining cost. ofcourse a 280 is possible.
But the lower it will go the faster a new rise will come.
